re: Ann: Ceasing to be a substantial holder f...
Mooshman, ive never said this was a bad company, ive held and intend to hold again, i actually deal in fertilizers so i do know the product line and the market; its the Cap Raising that p.ssed me off and the size (38%), its huge. I dont understand why they did it, they did have a great NPAT result and i think they that alot of this could have been used to pay down debt. Instead they have massively diluted the company. I think fair value in the current market is from $2.00 - %2.15. Im not down ramping this company that i do intend to hold again, but at a more truer price. Good luck to all.
IPL Price at posting:
$2.72 Sentiment: ST Sell Disclosure: Held
